Business - meaning -business and profession, requirements of a successful business- Organization - meaning - importance of business organization. Forms of business Organization-Sole traders, partnership, Joint Hindu family firm - Joint Stock Companies - Cooperative Organizations - Public Utilities and Public Enterprises

Definition of Management – Management and Administration – Nature and Scope of Management - Functions of Management - Contribution of F.W. Taylor – Henry Fayol – Mary Parker Follet – Mc Gregor and Peter F. Drucker.

Planning: meaning and purpose of planning - steps in planning - types of planning. Objectives and Policies - Decision making: Process of Decision making - types of Decisions.

Organising: Types of organisation - Organizational structure - span of control – use of staff units and committees. Delegation: Delegation and centralization - Line and Staff relationship. Staffing: Sources of recruitment - Selection process - training.

Directing: Nature and purpose of Directing. Controlling: Need for co-ordination - meaning and importance of controls - control process - Budgetary and non-Budgetary controls - Modern trends in Management Process.